SEC Form 4 · accession 0001209191-18-027944
Red Violet, Inc. · RDVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Swayman
Director
Period of report
May 3, 2018
Accepted (ET)
May 4, 2018 · 7:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001720116
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 3, 2018 | P | 4,000 | $5.87 | A | 5,083 | I | See Footnote |
| Common StockF3 | holding | — | — | — | 12,000 | D | ||
| Common StockF4 | holding | — | — | — | 4,000 | D | ||
| Common Stock | holding | — | — | — | 6,666 | D | ||
| Common StockF5 | holding | — | — | — | 8,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were purchased in multiple transactions at prices ranging from $5.80 to $5.95, with a weighted average price per share of $5.87. The reporting person undertakes to provide Red Violet, Inc., any security holder of Red Violet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
- F2Shares held through BSIG, LLC of which Mr. Swayman is a member.
- F3On March 29, 2018, the reporting person received a grant of 12,000 restricted stock units ("RSUs"), convertible into common stock of the issuer on a one-for-one basis. The RSUs vest in three equal installments on March 29, 2019, 2020 and 2021, subject to accelerated besting under certain conditions.
- F4On March 29, 2018, the reporting person received a grant of 4,000 RSUs, convertible into common stock of the issuer on a one-for-one basis. The RSUs vest on March 29, 2019, subject to accelerated vesting under certain conditions.
- F5Shares held by a family trust of which Mr. Swayman serves as co-trustee.